Fazerles AD (XBUL:FZLS) Days Payable : 12.48 (As of Mar. 2024)

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What is Fazerles AD Days Payable?

Fazerles AD's average Accounts Payable for the three months ended in Mar. 2024 was лв0.28 Mil. Fazerles AD's Cost of Goods Sold for the three months ended in Mar. 2024 was лв2.02 Mil. Hence, Fazerles AD's Days Payable for the three months ended in Mar. 2024 was 12.48.

The historical rank and industry rank for Fazerles AD's Days Payable or its related term are showing as below:

XBUL:FZLS' s Days Payable Range Over the Past 10 Years
Min: 2.69 Med: 11.13 Max: 19.06
Current: 9.51

During the past 13 years, Fazerles AD's highest Days Payable was 19.06. The lowest was 2.69. And the median was 11.13.

XBUL:FZLS's Days Payable is ranked worse than
96.77% of 279 companies
in the Forest Products industry
Industry Median: 57.51 vs XBUL:FZLS: 9.51

Fazerles AD's Days Payable declined from Mar. 2023 (12.92) to Mar. 2024 (12.48). It may suggest that Fazerles AD accelerated paying its suppliers.

Fazerles AD Days Payable Historical Data

The historical data trend for Fazerles AD's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fazerles AD Days Payable Chart

Fazerles AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.00

19.06

2.69

6.02

8.80

Fazerles AD Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															12.92	19.18	9.48	4.05	12.48

Competitive Comparison of Fazerles AD's Days Payable

For the Lumber & Wood Production subindustry, Fazerles AD's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fazerles AD's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fazerles AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Fazerles AD's Days Payable falls into.

Fazerles AD Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Fazerles AD's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.419	+	0.153)	/	2 )	/	11.859	*	365
=	0.286					/	11.859	*	365
=	8.80

Fazerles AD's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.153	+	0.4)	/	2 )	/	2.022	*	365 / 4
=	0.2765					/	2.022	*	365 / 4
=	12.48

Fazerles AD Days Payable Related Terms

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Fazerles AD (XBUL:FZLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Fazerles AD (XBUL:FZLS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Promishlena zona Zapad, Silistra, BGR

Website

http://www.fazerles.com

Fazerles AD manufactures hardboard panels in Bulgaria. The products of the company are used for the furniture industry, metal industry, packaging industry, glass and food industry, automotive industry, and construction industry. The products of the company are sold in Europe, Asia, Africa, and America.

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